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Monday.com price target lowered to $302 from $338 at Citi

Citi analyst Steven Enders lowered the firm’s price target on Monday.com (MNDY) to $302 from $338 and keeps a Neutral rating on the shares. The firm says the Q4 results were mixed across the application software group against a stable macro backdrop with resilient automation demand. It updated models post the Q3 reports.

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